LASTPAK: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LASTPAK
Largest movements
- Cash -€46,895
down €46,895 (-56.6%), from €82,850 to €35,955
mainly Receivables within one year (-€34,414) and Contributions, distributions and other (-€24,012)
- Receivables within one year +€34,414
up €34,414 (+62.2%), from €55,298 to €89,712
of which Trade receivables: +€23,179
- Deferred charges and accrued income +€20,320
up €20,320 (+1036.7%), from €1,960 to €22,280
- Trade debts +€56,373
up €56,373 (+659.2%), from €8,552 to €64,925
- Other debts -€21,175
down €21,175 (-28.2%), from €75,187 to €54,012
- Accrued charges and deferred income -€12,600
down €12,600 (-100.0%), from €12,600 to €0
- Tax, wage and social debts -€12,009
down €12,009 (-43.7%), from €27,491 to €15,482
of which Taxes: -€11,057
- Reserves -€1,855
down €1,855 (-100.0%), from €1,855 to €0
- Gross operating margin -€65,715
down €65,715 (-46.9%), from €140,113 to €74,398
- Taxes -€13,399
down €13,399 (-68.0%), from €19,696 to €6,297
- Staff costs +€1,406
up €1,406 (+3.4%), from €40,781 to €42,186
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,235 | €152,968 | +€8,734 | +6.1% |
| Fixed assets | 21/28 | €4,126 | €5,020 | +€894 | +21.7% |
| Tangible fixed assets | 22/27 | €1,816 | €2,520 | +€704 | +38.8% |
| Plant, machinery and equipment | 23 | €212 | €1,655 | +€1,444 | +682.2% |
| Furniture and vehicles | 24 | €1,605 | €865 | -€740 | -46.1% |
| Financial fixed assets | 28 | €2,310 | €2,500 | +€190 | +8.2% |
| Current assets | 29/58 | €140,108 | €147,948 | +€7,840 | +5.6% |
| Amounts receivable within one year | 40/41 | €55,298 | €89,712 | +€34,414 | +62.2% |
| Trade receivables | 40 | €52,831 | €76,009 | +€23,179 | +43.9% |
| Other amounts receivable | 41 | €2,467 | €13,703 | +€11,235 | +455.4% |
| Cash at bank and in hand | 54/58 | €82,850 | €35,955 | -€46,895 | -56.6% |
| Deferred charges and accrued income | 490/1 | €1,960 | €22,280 | +€20,320 | +1036.7% |
| Total equity and liabilities | 10/49 | €144,235 | €152,968 | +€8,734 | +6.1% |
| Equity | 10/15 | €20,405 | €18,550 | -€1,855 | -9.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | €1,855 | €0 | -€1,855 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,830 | €134,418 | +€10,589 | +8.6% |
| Amounts payable within one year | 42/48 | €111,230 | €134,418 | +€23,189 | +20.8% |
| Trade debts | 44 | €8,552 | €64,925 | +€56,373 | +659.2% |
| Suppliers | 440/4 | €8,552 | €64,925 | +€56,373 | +659.2% |
| Taxes, remuneration and social security | 45 | €27,491 | €15,482 | -€12,009 | -43.7% |
| Taxes | 450/3 | €20,569 | €9,511 | -€11,057 | -53.8% |
| Remuneration and social security | 454/9 | €6,922 | €5,970 | -€952 | -13.8% |
| Other amounts payable | 47/48 | €75,187 | €54,012 | -€21,175 | -28.2% |
| Accrued charges and deferred income | 492/3 | €12,600 | €0 | -€12,600 | -100.0% |
| Remuneration, social security and pensions | 62 | €40,781 | €42,186 | +€1,406 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,610 | €977 | -€633 | -39.3% |
| Other operating charges | 640/8 | €897 | €840 | -€58 | -6.4% |
| Gross operating margin | 9900 | €140,113 | €74,398 | -€65,715 | -46.9% |
| Operating profit (loss) | 9901 | €96,825 | €30,395 | -€66,430 | -68.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,942 | €1,942 | -€0 | 0.0% |
| Recurring financial charges | 65 | €1,942 | €1,942 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €94,883 | €28,454 | -€66,429 | -70.0% |
| Income taxes | 67/77 | €19,696 | €6,297 | -€13,399 | -68.0% |
| Profit (loss) for the period | 9904 | €75,187 | €22,157 | -€53,030 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,187 | €22,157 | -€53,030 | -70.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.